Glossary

Reset Glossary
obsolete

Subject: 

  • Accounting

outdated

Related Content

factory overhead cost
Subject:
Accounting

(also called factory overhead expense, indirect cost or indirect expense) expense linked to the...

input VAT
Subject:
Accounting

VAT that is paid to the supplier from the hands of the customer buying the goods or services....

weighted average method
Subject:
Accounting

nominal account used in the General Ledger of companies, close corporations and partnerships to...

double entry principle
Subject:
Accounting

method for recording transactions in the books of a business: for every debit entry there is a...

surplus
Subject:
Accounting

in excess of what is expected